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Kaya wants to buy a new gaming system, but it is expensive. She has decided to save 18%

of her paycheck each month until she can afford the new system that she wants. She earns $1,525.00
each month. She will have enough money after 8 months. How much will Kaya have saved after 8 months?(1 point)
Responses

$2,196.00
2 dollars comma 196 point 0 0

$274.50
274 point 5 0 dollars

$2,745.00
2 dollars comma 745 point 0 0

$219.60

1 answer

To find out how much Kaya will have saved after 8 months, we can calculate it using the information provided.

  1. Calculate the monthly savings: Kaya saves 18% of her monthly paycheck. \[ \text{Savings per month} = 0.18 \times 1,525 = 274.50 \]

  2. Calculate the total savings after 8 months: \[ \text{Total savings} = \text{Savings per month} \times 8 = 274.50 \times 8 = 2,196.00 \]

So, Kaya will have saved $2,196.00 after 8 months.